111 Clydesdale Drive, San Marcos, TX 78666 (MLS # 599014)
Seller Financing Available.
Located in the heart of San Marcos' rapidly growing South Square District, 209 & 215 Cheatham Street offer a prime ±0.65-acre infill development site with exceptional flexibility and visibility. Zoned CD-5D (Downtown Character District) one of the city's most versatile mixed-use designations. Supports higher-density residential, live-work, retail, hospitality, and mixed-use development. Developers can pursue either a fee-simple resale or rental-income strategy, with zoning allowing up to 24 units per acre for townhomes, multifamily, boutique commercial, or shopfront mixed-use concepts in a walkable urban setting.
The site provides over 150 feet of frontage at Cheatham & McKie, with city water, wastewater, and electric available at the street, reducing start-up costs and accelerating development timelines. A recent survey is included. With the parcels positioned side-by-side, investors can design a unified site plan that consolidates parking, utilities, and circulation for greater efficiency, phased development, or shared infrastructure.
The location offers strong long-term fundamentals: just ½ mile to Downtown San Marcos, 1 mile to Texas State University, and walking distance to local venues including Patio Dolcetto, Triple Six Social, and The Davenport. The San Marcos River is only blocks away, with connectivity to Austin and San Antonio via I-35 and Highway 123.
For investors seeking a ready-to-build Central Texas opportunity with rare zoning flexibility, walkability, utilities in place, and accelerating demand, the Cheatham & McKie tract is a compelling mix of location, infrastructure, and development potential in one of San Marcos' most active redevelopment corridors.
Property Type(s):
Single Family
|
Last Updated
|
12/8/2025
|
Tract
|
Country Estates IV
|
|
Year Built
|
1989
|
Garage Spaces
|
3.0
|
|
County
|
Hays
|
Additional Details
| AIR |
Ceiling Fan(s), Other |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Dryer, Gas Range, Microwave, Range Hood, Refrigerator, Washer, Water Heater |
| CONSTRUCTION |
Stucco |
| FIREPLACE |
Yes |
| GARAGE |
Yes |
| HEAT |
Other, See Remarks, Wood Stove |
| INTERIOR |
Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, In-Law Floorplan, Open Floorplan, Pantry, Walk-In Closet(s) |
| LOT |
3.02 acre(s) |
| SEWER |
Public Sewer |
| STORIES |
1 |
| STYLE |
HillCountry, Spanish |
| SUBDIVISION |
Country Estates IV |
| TAXES |
5701 |
| UTILITIES |
Electricity Available, Propane |
| VIEW DESCRIPTION |
None |
| WATER |
Private, Well |
| WATER ACCESS |
None |
Listed with Kelly Right Real Estate of Tex
Listing information is provided by the Central Texas Multiple Listing Service, Inc., and is deemed to be reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2025.
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